Key Notes

Bybit will no longer allow new Japanese users to register on its platform from October 31.

It plans to comply with regulatory guidelines set by the Financial Services Agency of Japan.

Bybit is the first crypto exchange to receive full Virtual Asset Platform Operator licensing in the UAE.

As of Oct. 31, top cryptocurrency exchange Bybit will no longer allow new Japanese users to register on its platform. Markedly, this is only a temporary arrangement that will remain for as long as it takes for it to comply with regulatory guidelines set by the Financial Services Agency of Japan.

Will Bybit Ban All Users?

This move reflects the exchange’s commitment to investors’ protection and regulatory compliance across jurisdictions. This move applies to both individuals and corporations

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